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Global Conductive Yarn Market Revenue Surge to USD 3,727 Million By 2025

01-20-2020 02:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

Global Conductive Yarn Market

Global Conductive Yarn Market

Facts and Factors Market Research has published a new report titled “Conductive Yarn Market By Product Type (Metallic Type, Carbon-Based Type, and Metal Compound Type) and By Application (Anti-Static Fabric, Signal Transmission, and Cellphone Protective Cover): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”. According to the report, the global Conductive Yarn market was valued at approximately USD 1,339 million in 2018 and is expected to reach a value of around USD 3,727 million by 2025, at a CAGR of around 15.7% between 2019 and 2025.

extile materials are made up of organic polymers and act as the best insulators. However, as a result of weak electric conductivity, the electrical load is accumulated on the organic polymer surface. In order to prevent the electric load accumulation, the textiles are transformed into electrically conducting materials termed as conductive yarn through the use of various methods.

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Growing awareness pertaining to the benefits of using the conductive yarn will prompt the market trends

There is large-scale awareness among the customers as well as the firms pertaining to the advantages offered by conductive yarn and this has prompted the business growth. Moreover, highly conductive composite yarns have the ability to conduct the electrical transmissions along with obtaining an electromagnetic shielding effect.

Furthermore, the product finds a spectrum of applications across resistive heating, electro-conductive transmission, and static dissipation. Apart from this, the escalating demand for fabrics having the ability to sense many biomarkers in the consumer will steer the market growth over the forecast period. However, high development costs, as well as huge costs incurred on maintaining the product, will impede the market growth over the forecast period. Nonetheless, the growing use of conductive fabrics in the healthcare industry will offer new growth avenues for the market over the forecast period.

Metal compound type segment to record the highest CAGR over the forecast period

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The metal compound type segment is set to register the highest growth rate of over 16% during the timespan from 2019 to 2025. The segmental growth is attributed to the massive use of metals such as nickel, silver, and steel in the form of fibers or wires to produce the conductive yarn for imparting conductive property in these conductive yarns.

Anti-static fabric segment to dominate the application landscape by 2025 in terms of revenue

The growth of the segment during the forecast timeline is owing to the massive use of conductive yarn in anti-static fabrics.

Europe to account for the major market revenue share by 2025

The regional market growth over the forecast timeline is credited to breakthroughs in the wearable technologies along with huge investments in the research activities by various firms of the European region. In addition to this, the launching of new & cost-efficient products is predicted to play a major role in influencing the growth of the market in Europe over the forecast period.

Furthermore, the growing trend of smart clothing witnessed in European continent will further enlarge the market scope in the region over the forecast timeline. Countries like France, Germany, and the UK are predicted to be the key regional revenue contributors.

Some of the key players in the market include Advance Data Systems, Cerner, Core Solutions, Mindlinc, Kareo, Nextgen Healthcare, Netsmart, The Echo Group, Valant, Welligent, Qualifacts, Credible, Meditab, Compulink, and AdvancedMD among others.

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This report segments the Conductive Yarn market as follows:

Global Conductive Yarn Market: By Product Type Segment Analysis

Metallic Type
Carbon-Based Type
Metal Compound Type

Global Conductive Yarn Market: By Application Segment Analysis

Anti-Static Fabric
Signal Transmission
Cellphone Protective Cover

Global Conductive Yarn Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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